What does LPI stand for?

Late Payment Interest

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

Biz NEWS 2 CASHFLOW pressure has driven more firms than ever before to charge late payment interest.

DIVERSIFY.. OR DIE; Biz Bureau

To maximise the use of late payment legislation as a deterrent to would-be late payers, purchasers should be informed that you intend to charge late payment interest and/or claim compensation where payment is late.

WITH credit stretched to its [...]; Few businesses are immune to the ...

Revenue and Customs (HMRC) has just raised late payment interest charges from zero to three per cent - a move viewed by some commentators as another stealth tax.

Taxman's IHT charges of greater interest after changes

As soon as you forward these to Norwich Union, it will pay out the maturity proceeds, with late payment interest of 5 pc (bank base rate plus 1 pc), added from December 9.

An endowment ends happily! Dear Margaret

More than nine in 10 have said that they include a reference to their right to charge late payment interest in their conditions of sale.

Don't be a late payer; Enterprise for London: Small firms failing to ...

Banks in the USVI have announced that they will waive late payment interest on loans because of the financial crisis facing the Government.

GOVT. PAYCHECKS DELAYED

86% Late Payment Interest (Income) (81,741) (97,124) 18.

GRUPO ELEKTRA REPORTS YEAR END 1995 EARNINGS

In all other instances, the Act permits late payment interest to run if the invoice remains unpaid after 30 days following invoice or the provision of goods/services, whichever is the latter - and it doesn't matter how large or small the debt is, if it remains due, you can claim interest.

And don't let debtors wriggle free